Current through March 29, 2024
Section 501B.20 - Member's resignation1. A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time.2. Unless the governing principles provide otherwise, resignation of a member does not relieve the member from any unpaid capital contribution, dues, assessments, fees, or other obligation incurred or commitment made by the member before resignation. 2010 Acts, ch 1112, § 20, 33
2010 Acts, ch 1112, §20, 33